A former FC 11 employee claims the sports academy targeted students who “werent smart enough for university and not good enough to play professional sport”.
“It was a sham. The entire business was leveraged on government grants, and when the government turned off the tap, the bottom fell out.”
FC 11 purchased a licence to operate as a registered training organisation from a Brisbane-based modelling agency and received funding under the VET FEE-HELP scheme, which was plagued by rorts and scandals.
Under the scheme, the federal government offered up-front grants for enrolments in vocational courses, with students required to repay the money once they earned more than $54,000 per year.
But when the government announced a freeze on the schem…
Read the full article at: https://www.smh.com.au/education/sports-training-academy-collapses-owing-5-million-20180516-p4zfnd.html
